INSURANCE NEWS
Lawsuit Alleges USA Gymnastics and SafeSport Failed to Stop Sexual Abuse at Iowa Academy
Two gymnasts who say they were sexually abused at an elite academy in Iowa filed lawsuits Monday against the sport’s oversight bodies, alleging they failed to stop Sean Gardner from preying on girls despite repeated complaints about the coach’s behavior. …
Texas Lawmakers Criticize Local Leaders for Rejecting Flood Warning System Funding
Three weeks after flash floods in Texas’ Hill Country killed more than 100 people, state lawmakers chastised Kerr County leaders for rejecting money a year earlier to create a warning system that could have alerted residents to rapidly rising water. …
Uber Teams with Avride to Offer Robotaxi Rides in Dallas in Latest Expansion
Uber Technologies Inc. is launching autonomous rides with Avride Inc. in Dallas as part of a previously announced partnership, marking the latest US city where the ride-hailing giant is offering such a service. Customers who request an UberX, Uber Comfort …
Four Convicted of Collision Fraud Involving a Rideshare Driver in California
Four people were convicted of felony insurance fraud and assault for faking an auto collision that involved a rideshare driver in San Bernardino, California. According to the California Department of Insurance, two of the four people were identified as Kalil …
Rivian to Recall Nearly 35,000 Delivery Vans Over Seat Belt Issue
Rivian Automotive is recalling 34,824 electric delivery vehicles in the U.S. as their seat belt system may fail to properly restrain the driver, increasing the risk of injury during a crash, the EV maker said in a filing with the …
State Farm Sued Over Policies Backed by Distressed Insurer PHL
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three …
Landlords Hit With $21.5M Verdict for Hiring Sex Offender Who Set Tenants on Fire
Landlords in Baltimore are being held liable for hiring a convicted sex offender with a violent criminal record who then attacked two tenants and set them on fire, with a jury awarding the victims $21.5 million. The same man murdered …
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
Independent insurance agencies The Baldwin Group and CAC Group have agreed to merge to create one of the largest independent insurance advisory and distribution platforms in the U.S. Baldwin said the purchase price of about $1.03 billion consists of $438 …
Victims’ Families to Sue for Wrongful Death Over UPS Cargo Jet Crash
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in …
Airline Pilots Hide Mental Health Struggles to Keep Flying
Annie Vargas could see her son slipping away and pleaded with him to seek help. But her son, Brian Wittke, a 41-year-old Delta Air Lines pilot and father of three, pushed back, terrified that getting treatment for depression would cost …
Japan’s Asahi Aims to Restore Logistics by February Following Cyberattack
Japan’s Asahi Group on Thursday [November 27] said it aims to normalize logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The beverage maker, …
EU Vets Assess Barcelona Swine Fever Outbreak as Cases Rise to Nine
A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus …